Filed September 11, 2023 (most recent of 3 filings on file)
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $116,699 | $54,757+113.1% | $90,287+29.3% | $72,986+59.9% |
| Participation rate | 86.4% | 65.1%+21.2pp | 73.3%+13.1pp | 69.5%+16.9pp |
| Annual return | 25.42% | 30.63%-5.2pp | 78.10%-52.7pp | 81.01%-55.6pp |
| Employer contribution / active EE | $5,348 | $2,092+155.6% | $2,855+87.3% | $2,440+119.2% |
| Participant deferral / active EE | $5,850 | $2,887+102.6% | $3,885+50.6% | $3,607+62.2% |
| Admin fee / account holder | $2,983 | $3,972-24.9% | $5,351-44.3% | $5,124-41.8% |